CoreCivic receives ICE termination notice for Dilley, TX facility; suspends 2024 guidance

CoreCivic, Inc.

ICE terminated IGSA effective Aug 9, 2024; facility revenue $156.6M in 2023 and $39.3M in Q1 2024.
CoreCivic suspends 2024 financial guidance due to cost uncertainties associated with closure.
Estimated annualized EPS reduction of $0.38-$0.41 from the termination.
Facility population at 1,561 as of June 9, 2024; lease termination notice sent to third-party lessor.

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